The financial regulations in EU are draconian. There is no concept of privacy whatsoever.
They took the worst disadvantages of a blockchain and made them a feature.
Comment on Are there any payment aggregators (Like Paypal for instance) that prioritize user privacy?
FlashMobOfOne@lemmy.world 1 week agoAh, I’d forgotten AML. That’s a good point.
I’m in the process of moving many of my accounts to European apps in order to take advantage of the better data privacy regulation, and it just occurred to me that I haven’t pursued whether or not there’s a useful payment aggregator headquartered there. I’ll have to continue looking.
deafboy@lemmy.world 1 week ago
9point6@lemmy.world 1 week ago
The closest thing to PayPal in Europe is probably Klarna, albeit they put a stronger focus on their credit product, you can use it to just pay up front